Canadian Plastics


February 22, 2017 News

Huntsman reports lower sales, higher profits for 2016

by Canadian Plastics

Chemical supplier Huntsman Corporation has reported lower sales, but higher profits, in full-year 2016. Total company sales for Woodlands, Tex.-based Huntsman dropped six per cent to less than US$9.7 billion in 2016, but the firm’s profit shot up to US$357

February 20, 2017 News

Ineos to develop 4×4 off-roader

by Canadian Plastics

Petrochemical firm pledges to invest “hundreds of millions of pounds” to set up automotive division in UK to make 4×4 vehicles.

February 19, 2017 News

Plastic electronics will revolutionize consumer market: report

by Canadian Plastics

The total market for the plastic electronics sector is estimated to grow from US$26 billion in 2017 to US$69 billion in 2025, and will revolutionize consumer goods, a new report said. The report, from UK-based Innovation DB, the world’s largest

February 15, 2017 News

DuPont, Chemours to pay $671 million in chemical leak case

by Canadian Plastics

Chemical suppliers DuPont Co. and Chemours Co. will pay nearly US$671 million to settle thousands of lawsuits related to the release of the fluoropolymer chemical perfluorooctanoic acid (PFOA) from a plant in West Virginia more than a decade ago. Chemours

February 10, 2017 News

Clariant expanding medical compounds production at U.S. facility

by Canadian Plastics

Swiss-based specialty chemical supplier Clariant is expanding its plant in Lewiston, Maine, and installing a new compounding line to meet growing demand for pre-coloured medical plastic compounds sold under the Mevopur brand name. The new capacity will come on-line in

February 8, 2017 News

Ravago buys specialty chemicals distributor TMC Materials

by Canadian Plastics

Ravago Chemical Distribution, a subsidiary of Ravago Holdings America, has purchased specialty chemicals distributor TMC Materials Inc. for an undisclosed amount. In a statement, Ravago said that Worcester, Mass.-based TMC will continue to operate under its own name. “With this

February 7, 2017 News

PolyOne buys two material suppliers

by Canadian Plastics

Compounding supplier PolyOne Corp. has purchased two privately-owned material suppliers. The Avon Lake, Ohio-based firm has acquired Silcotec Inc. of La Porte, Ind., and Comptek Kunststoffverarbeitung GmbH of Diez, Germany. Silcotec makes silicone-based color masterbatch concentrates, while Comptek produces coluor

February 1, 2017 News

Chemtura shareholders approve purchase by Lanxess

by Canadian Plastics

France-based specialty chemicals company Lanxess AG has moved closer to its planned acquisition of U.S. chemical company Chemtura Corp., with Chemtura’s shareholders now having approved the merger. At a recent meeting in Philadelphia, 99.88 per cent of the votes cast

January 29, 2017 News

Teknor Apex investing $32 million to expand Tennessee facility

by Canadian Plastics

Materials supplier Teknor Apex Company is making a multi-million dollar expansion at its facility in Tennessee. Pawtucket, R.I.-based Teknor Apex will spend US$32.2 million to build a 200,000-square-foot distribution facility at its site in Brownsville, Tenn. In a statement, Teknor

January 29, 2017 News

Report outlines challenges facing 3D printing

by Canadian Plastics

“There are almost too many options to explore” the report, from market research firm Additive Manufacturing Research, said.

January 17, 2017 News

Nova begins shipping LLDPE from new Alberta reactor

by Canadian Plastics

The reactor is the first new LLDPE reactor in the Americas in more than 10 years.

January 11, 2017 News

Solvay selling formulated resins business to Altana AG

by Canadian Plastics

Chemical maker Solvay SA is selling its formulated resins business to Elantas PDG Inc., a division of Belgian specialty chemicals company Altana AG. The terms of the deal have not been disclosed. Under the agreement, Solvay’s technology solutions business unit

December 28, 2016 News

Texas city trying to block construction of the world’s largest ethylene plant

by Canadian Plastics

Residents and local political officials of a South Texas city are attempting to block the construction of a new giant Exxon Mobil Corporation petrochemical plant in their neighbourhood. The city council in Portland has approved a resolution asking Exxon Mobil

December 16, 2016 News

A. Schulman names Comcast Cable veteran Gary Phillips as COO

by Canadian Plastics

The newly created role is critical to Schulman’s growth plan, the firm said.

December 14, 2016 News

BASF completes acquisition of Chemetall

by Canadian Plastics

The deal strengthens BASF’s coatings position.

December 12, 2016 News

Trump appoints Dow CEO Andrew Liveris as head of America Manufacturing Council

by Canadian Plastics

United States President-elect Donald Trump has tapped Dow Chemical Company chairman and CEO Andrew Liveris to head his incoming administration’s new American Manufacturing Council. Trump made the announcement during a Dec. 10 rally in Grand Rapids, Mich., where he introduced

December 9, 2016 News

Two Alberta petrochemical plants to get up to $500 million in incentives

by Canadian Plastics

The first project is a joint venture between Calgary-based Pembina Pipeline Corporation and Petrochemical Industries Company, based in Kuwait; the second project is being proposed by Calgary-based Inter Pipeline.

December 3, 2016 News

Gurit acquires BASF’s PET business

by Canadian Plastics

The purchase will see Swiss-based Gurit increase its European-based PET production capacity to add to the company’s existing PET operations in China.

November 28, 2016 News

DuPont now accepting entries for Packaging Innovation awards

by Canadian Plastics

Chemical maker DuPont is now accepting entries for its coveted DuPont Award for Packaging Innovation awards program Entries will be received through Feb. 10, 2017. Forms and information are accessible at this link. “As the industry’s longest-running, global, independently judged

November 26, 2016 News

Profits up for Borealis in Q3 2016

by Canadian Plastics

The company announced a net profit of 304 million euros in the third quarter of 2016 compared to 257 million euros in the third quarter of 2015.